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CPI: 1Q Earnings Snapshot

·1 min read

EDGEWOOD, N.Y. (AP) _ CPI Aerostructures Inc. (CVU) on Wednesday reported a loss of $2.8 million in its first quarter.

The Edgewood, New York-based company said it had a loss of 24 cents per share.

The maker of aircraft parts for the armed forces and defense contractors posted revenue of $16.9 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $2.68. A year ago, they were trading at $8.22.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVU at https://www.zacks.com/ap/CVU